#1082184, Desiree Barton, Listing office: Property Partners Inc.
$205,000 List price
516 Alvarado Dr SE Albuquerque, NM 87108
1 bed
1 bath
1,218 sqft
0.2 acres
$168 / sqft
Multi-Family
Property details
About 516 Alvarado Dr SE
Excellent duplex opportunity in the heart of Albuquerque! This property features two 1-bedroom, 1-bath units--perfect for investors, owner-occupants, or multigenerational living. Each unit offers a functional layout, fresh paint, and off-street parking. Located close to shopping, dining, public transit, and quick access to major roads. Live in one unit and rent the other, or add a solid asset to your portfolio. Don't miss out on this versatile and affordable property!
Highlights
Home typeDuplex
HeatingFloor Furnace
StatusActive
CoolingEvaporative Cooling
Size1,218 sqft
Lot size0.16 Acres
Year built1950
MLS #1085602
Summary
- Basement: No
- Flooring Type: Concrete
- Total Bedroom Count: 1
- Heating: Floor Furnace
- Cooling: Evaporative Cooling
- List Price: $205,000
- Price/SqFt: $168
- Annual Tax Amount: $1,693
- Tax Year: 2023
- Directions: Take I-40 to Louisiana Blvd SE, head south, turn left onto Zuni Rd SE, then right onto Alvarado Dr SE--the property will be on your right.
- Year Built: 1950
- Stories: 1
- Living Area: 1,218 SqFt
- Lot Size: 0.16 Acres
- MLS Number: 1085602
- MLS Name: SWMLS
- Office Name: The M Real Estate Group
- Office Phone: (505) 247-1002
- Office Email: thomas@mregrp.com
- Listing Agent: Jonathan L. Chambers
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
Copyright © 2025 Southwest Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 6:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 21, 2023 | Home Sold | $200,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $38,106 | $1,693 |
| 2022 | $36,997 | $1,573 |
| 2021 | $32,236 | $1,364 |
| 2020 | $31,297 | $1,342 |
| 2019 | $31,297 | $1,096 |
| 2018 | $25,748 | $1,063 |
| 2017 | $24,998 | $1,063 |
History based on county public records data.
Nearby schools
2
Emerson Elementary School
Public District PK-5
0.6 mi
•620 Georgia St SE
4
Whittier Elementary School
Public District PK-5
0.7 mi
•1110 Quincy St SE
6
Zia Elementary School
Public District KG-5
1.1 mi
•440 Jefferson St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,315. The most common annual income of people living in Albuquerque, NM is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
62%
<35k
35%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
60%
Single, No Kids
18%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
6%
12-17 yrs old
29%
18-34 yrs old
41%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Popeyes
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 516 Alvarado Dr SE
The listing price of 516 Alvarado Dr SE property is $205,000.
The property 516 Alvarado Dr SE is a multi located in Albuquerque, New Mexico, 87108.
Active Listing: 516 Alvarado Dr SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 516 Alvarado Dr SE are: Emerson Elementary School (GreatSchools Rating 2/10), Whittier Elementary School (GreatSchools Rating 4/10), Zia Elementary School (GreatSchools Rating 6/10), Wilson Middle School (GreatSchools Rating 4/10), Van Buren Middle School (GreatSchools Rating 4/10), Alice King Community School (GreatSchools Rating 6/10), Highland High School (GreatSchools Rating 3/10), Cesar Chavez Community School (GreatSchools Rating 1/10), Media Arts Collaborative Charter (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $1,693 (source: MLS/based on county public records data).
The last sale was on November 21, 2023 for $200,000 (source: MLS/tax record).
The property 516 Alvarado Dr SE is 1,218 SqFt (source: MLS/tax record).
The year of construction for 516 Alvarado Dr SE is 1950.
This home is located at 516 Alvarado Dr SE in Albuquerque, NM and zip code 87108 in the South San Pedro neighborhood. This 1,218 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $205,000.
In June 2025 more than 122 listings in Albuquerque, NM were sold above the asking price. During the same period more than 164 listings were sold at asking price, while more than 297 were sold below. Between May and June 2025, Albuquerque, NM real estate market has seen decrease in the number of listings by 8.4%. Listings spent 28 days on the market in June 2025, and had a median list price of $349,331 during the same period.
From Rocket Homes Real Estate and based on county public records data.